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Cheerwin Group Full Year 2024 Earnings: Beats Expectations
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Cheerwin Group (HKG:6601) Full Year 2024 Results

Key Financial Results

  • Revenue: CN¥1.82b (up 13% from FY 2023).
  • Net income: CN¥203.4m (up 16% from FY 2023).
  • Profit margin: 11% (in line with FY 2023).
  • EPS: CN¥0.15 (up from CN¥0.13 in FY 2023).
earnings-and-revenue-growth
SEHK:6601 Earnings and Revenue Growth March 27th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Cheerwin Group Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 7.0%.

Looking ahead, revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Household Products industry in Asia.

Performance of the market in Hong Kong.

The company's shares are down 1.8% from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with Cheerwin Group.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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